3506.03
Acquisition of equipment.

Upon the adoption of voting machines, marking devices, and
automatic tabulating equipment either by the action of the board of elections
or by the board of county commissioners, on the recommendation of the board of
elections or by the affirmative vote of a majority of the electors voting on
the question of the adoption of such equipment, such board of county
commissioners shall acquire the equipment by any one or by any combination of
the following methods:

(A)
By
purchasing in whole or in part such equipment and paying the purchase price
therefor in cash; or out of the proceeds of the issuance and sale of bonds,
provided the question of issuing bonds for such purpose was submitted to the
vote of the electors of the county pursuant to section
133.18 of the Revised Code and
provided the issuance of such bonds was approved;

(B)
By purchasing in whole or in part such equipment
and paying the purchase price in a series of consecutive annual approximately
equal installments the number of which shall not exceed the estimated number of
years of usefulness of such equipment, as determined by the fiscal officer of
the county and by issuing to the seller negotiable promissory notes of the
county, evidencing the annual installments to become due, specifying the terms
of purchase, and bearing interest at a rate not exceeding the rate determined
as provided in section
9.95 of the
Revised Code, which notes shall be public obligations as defined in division
(GG)(2) of section
133.01 of the Revised Code and
shall not be subject to Chapter 133. of the Revised Code, provided the
legislation authorizing the issuance of such notes shall make provision for
levying and collecting annually by taxation amounts sufficient to pay the
interest on such notes and to provide for the payment of the principal thereof
when due, and provided that the amounts of such tax so levied each year may be
reduced by the amount by which revenues available for appropriation for the
payment of the expenses of conducting elections are appropriated for, and
applied to, the payment of such interest and principal of such notes;

(C)
By leasing such equipment in
whole or in part under contract of lease which shall provide for the rental,
and also may provide for an option to purchase them or parts of them at a fixed
price with the rentals paid to be applied to the purchase price, and payments
under such contracts of lease may be made by the county out of funds of the
county not otherwise appropriated; or which may be appropriated by the board of
county commissioners, out of funds appropriated by the board of county
commissioners to the board of elections for the costs and expenses of
elections, with the approval of the board of elections; or out of the funds the
board of county commissioners is authorized to provide by a levy and collection
thereof annually by taxation.